PULSE EFT Association has formed an alliance with Mag-Tek Inc. to offer special discounts on the industry’s leading products for instant card issuance and customer PIN selection to PULSE member financial institutions. Under the new arrangement, Mag-Tek will offer PULSE members a discount on both its MCAT card issuing terminal and IntelliCAT System, providing banks, credit unions and thrifts a new palette of tools to complement their existing card issuing programs.
! “PULSE is pleased to offer its members new and improved card issuing solutions through Mag-Tek,” said Cindy Ballard, executive vice president for PULSE.
“This arrangement with Mag-Tek underscores the PULSE Board’s policy of developing strategic alliances that benefit the network’s members,” notes Ballard. Mag-Tek’s card issuing solutions promote ATM usage and provide added service and convenience to cardholders. “Financial institutions can instantly issue personalized cards on the spot, while allowing cardholders to select a PIN that will be easy for them to remember,” said Mag-Tek vice president of sales Patrick Oven. “Existing cardholders will also enjoy the convenience of immediate card replacement at the branch level as well as the flexibility of selecting their own PIN on their existing cards,” Oven added.
PULSE links an estimated 60 million cardholders with more than 76,500 ATMs and 300,000 point-of-sale merchant locations throughout the United States. Its members include more than 2,900 banks, credit unions and savings and loans in a 22-state primary service area blanketing the central, south, Midwest and southwest regions of the United States. PULSE has become recognized in recent years as a resource for consumer research relating to EFT services, and an effective national public policy voice on issues of importance to the financial industry. Visit PULSE online at www.pulse-eft.com.
Mag-Tek Inc. is the world’s leading provider of instant card issuance and customer PIN selection products for financial institutions worldwide. Mag-Tek technologies provide information and transaction security for point-of-sale (POS) and financial transactions at financial institutions, retail stores, telecommunication companies, kiosks, gaming, transit, schools, sports and recreation facilities and clubs. Millions of Mag-Tek card readers, check readers and PIN selection products are currently installed worldwide. Since 1972, Mag-Tek’s headquarters have been in Carson, Calif. with sales offices throughout the United States, Europe and Asia, and distribution in more than 40 countries. For more information, please visit the company at .